Wednesday , 17 December 2025

Recent Posts

New Petrobras CEO rejects govt intervention

Bloomberg The new head of Brazil’s state-controlled oil company criticised its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy. Roberto Castello Branco, who was sworn in as chief executive officer of Petrobras, said he was “revolted” by …

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Amazon, Google and smart-home offerings

Bloomberg As he browsed digital store shelves last month in search of an aromatherapy diffuser, entrepreneur David Berger had a single requirement for his wife’s Christmas gift: It had to work with Amazon.com Inc.’s Alexa software. “She’s really into making the house smell beautiful, and I’m really into Alexa,” says Berger who lives in Weston, Connecticut. “So this is a …

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Slump in iPhone demand hits lens maker Largan’s Dec sales

Bloomberg Largan Precision Co., which supplies camera lenses to Apple Inc, said revenue in December fell by a third amid weakening appetite for iPhones in China. Sales dropped 33.9 percent from a year to NT$3.23 billion ($104.9 million), and were in line with Largan’s estimates, a company spokeswoman said on Saturday. The company, which also makes lenses for Huawei Technologies …

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